“He then sold them on eBay, making upward of $1.2 million”
Sounds like the real issue is the dividing line between personal vs business purchases. He wasn’t buying individual books for his own use and then reselling them, he was buying by the case with the intent to immediately resell for profit.
I don’t like differentiating between personal and business purchase & resale, but our system does rely on there being a difference.
Maybe too, a problem with importing goods without the proper permits or fees.
For which he should have had a business license and pay taxes on his profits.
At least that is what I as a retailer must do.
What an inherently evil purpose!
But he was buying his inventory at full retail pricing, not at a wholesale price as normal sellers would. His behavior is exactly what happens each Christmas as opportunistic early arrivers buy all available pieces of that holiday’s “hot” item and immediately offer them at triple the price on eBay. You may remember the shortage of PlayStations or XBoxes or Tickle-me-Elmo dolls. How is what this guy did any different, adjusting for the scale of his operation?
Its none of the Gub'ments business if I buy and sell items and make a profit except for taxes I owe.
If he didn't pay his taxes then fine hi,. but having a Constitutional challenge on first sale rights so "Big Publishing" can keep their text book monopoly was not the original intent established by the founding fathers when they wrote the Constitution.
"Big Media" and "Big Publishing" have lobbied Congress with hundreds of millions of dollars until they've got the copyright laws fixed where they can fleece the public over and over. Now they have this back-handed Constitutional challenge that if it is upheld will remove the right of consumers to re-sell their legally bought goods without ponying up more cash to the Copyright Mafia.
They can all kiss my ass.
So? That is what my entire business is based on. I buy with the intent to resell and make a profit.
If they don't sell, if I make a boo-boo, then I am stuck giving a quarter ton of sock monkeys to the Salvation Army.